Retail firms popular target for ransomware and data-theft, survey finds
A survey by cybersecurity company Sophos has found that retail organisations have become a popular target for ransomware and data stealing during the pandemic.
Cybavo looks to speed up global expansion with $4m pre-Series A raise
Singapore-based blockchain security solution provider Cybavo has bagged $4m in pre-Series A funding.
OwnBackup to expand market reach after snaring $240m in Series E round
US data protection solutions provider OwnBackup has secured $240m from a Series E funding round at a valuation of $3.35bn.
Will cyberspace be a battlefield for financial institutions?
The cyberspace race is heating up. Over the past year, the number of ransomware and general cyberattacks have increased dramatically, with more companies, individuals and even governments falling into digital bear traps. How will this growing problem impact financial institutions?
Antivirus firm NortonLifeLock set to snap up Avast in $8.6bn deal
Consumer antivirus company NortonLifeLock has entered an agreement to purchase competitor Avast in a deal valued between $8.1bn and $8.6bn.
Kroll introduces new KYC solution to strengthen checks, onboarding efficiency
US firm Kroll has introduced Kroll Business Connect, a new know-your-customer (KYC) tool to bolster the onboarding efficiency and KYC checks.
Israeli cybersecurity firm SIGA snares $8.1m in Series B round
Operational technology cybersecurity business SIGA OT Solutions has secured funding of $8.1m from a Series B capital raise.
US Senate report finds government agencies failing to improve cyber posture
A report published by US Senate Committee has found only one of eight federal agencies showed improvements in strengthening their cybersecurity programs.
US to bolster cyber synergies with new defence center launch
The US government has revealed it is introducing a new cyber defence center focused on strengthening collaboration between the public and private sector.
Most security professionals believe remote workers face weak security risk
A survey has found a majority of IT security professionals believe remote workers face bigger security risks due to being isolated from their companies’ security teams.
